Turner Auto Group 401k Plan — Form 5500 plan (Turner Automotive Corp.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Turner Auto Group 401k Plan is a benefit plan reported by Turner Automotive Corp. under EIN 23-1660234 and plan number 001. The latest loaded filing year is 2023. The filing reports 170 participants and $6,547,359 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,532,359
Participants170Covered participants reported
Assets / participant$38.5KComputed: assets ÷ participants$38,514 (computed)
Provider compensation$44.9K1 Schedule C provider row(s)$44,909
Plan sponsor
Turner Automotive Corp.
EIN
23-1660234
Plan number
001
Plan type
2
Location
Harrisburg, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023170H, C20240730095832NAL0020505697001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.5M total assets
Net assets$6.5MLiabilities$15K
Money in vs. money out
Total income / additions$1.3M
Total expenses$825.4K
Benefits paid / distributions$780.5K
Contributions
Employer$112.4K
Participant$370.9K
Full reported line items

Net assets

Total assets (EOY)
$6,547,359
Total liabilities (EOY)
$15,000
Net assets (EOY)
$6,532,359
Net assets (BOY)
$6,096,030

Income & contributions

Employer contributions
$112,446
Participant contributions
$370,860
Total contributions
$483,306
Total income / additions
$1,261,762

Expenses & distributions

Benefits paid
$780,524
Administrative expenses
$44,909
Total expenses
$825,433
Net increase / (decrease)
$436,329
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 23%Participant 77%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income62%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Letort Management & Trust Co.NONE$44,909not reported in the loaded dataset2023

Related Form 5500 pages